$699,000
$699,000
Multiplex194 Furnival Road, West Elgin, ON
11 DAYSon market
6Bedrooms
3Bathrooms
0Garage
2500-3000Sq Ft

































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Listed by EXP REALTY
Listed by EXP REALTY
Property Highlights
Parking
4 spaces
Property Tax
$1,487/yr
Age
100+ yrs
Lot Size
2-4.99 ac
Style
2-Storey
Basement
Full, Unfinished
Monthly Cost
$3,076/mo
About This Home
Vacant possession triplex with value-add, development and severance potential on over 2.5 acres within minutes to Highway 401 and approximately 30 minutes to London! 194 Furnival Road is a high-potential investment featuring M1 Commercial Zoning and a layout primed for maximum ROI. Two of the three existing units are turnkey and ready for immediate occupancy, while the third unit offers a significant lift and value-add opportunity for a forced appreciation strategy. For those looking to maximize the property's density, the high-ceiling basement with a separate entrance is a game-changer, offering the potential to be finished into two additional units to create a 5-unit cash-flow powerhouse. The expansive 2.5-acre lot provides even more upside through potential severance or commercial development right in the heart of Rodney. This property is a dream for investors seeking a strategic project, or end-users looking for a substantial mortgage helper with massive future equity growth. Ideally located within walking distance to local shops and just 10 minutes from the New Glasgow Yacht Club and the beaches of Port Glasgow, this versatile estate allows you to set your own market rents and start building equity on day one.
Monthly Cost
Monthly Mortgage$2,952
Property Tax ($1,487/yr)$124
Total$3,076
Price & Listing History
Schools
Location
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Rooms
Main Level
Living Room: 4.96m × 4.83m
Bathroom: 2.27m × 1.30m
Sitting: 3.78m × 2.10m
Bathroom: 2.23m × 2.67m
Bedroom: 3.78m × 2.40m
Laundry: 1.99m × 3.13m
Bedroom: 3.18m × 3.57m
Bedroom: 3.70m × 4.37m
Second Level
Family Room: 8.55m × 5.99m
Bathroom: 1.00m × 1.00m
Bedroom: 3.35m × 3.45m
Bedroom: 3.35m × 4.15m
Primary Bedroom: 4.47m × 4.60m
Main Level
Living Room: 4.96m × 4.83m
Bathroom: 2.27m × 1.30m
Sitting: 3.78m × 2.10m
Bathroom: 2.23m × 2.67m
Bedroom: 3.78m × 2.40m
Laundry: 1.99m × 3.13m
Bedroom: 3.18m × 3.57m
Bedroom: 3.70m × 4.37m
Second Level
Family Room: 8.55m × 5.99m
Bathroom: 1.00m × 1.00m
Bedroom: 3.35m × 3.45m
Bedroom: 3.35m × 4.15m
Primary Bedroom: 4.47m × 4.60m
